HARLEQUIN SPORTS LIMITED


Director	KRIEGER, Paul Simon


Company Secretary	HILL STREET REGISTRARS LIMITED


Registered Address	Grove House
	2 Woodberry Grove
	London
	N12 0DR


Registered Number	01703102 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		60		419
			60		419
Current assets
Debtors	4	-		211
Cash at bank and on hand		8		5
		8		216
Creditors amounts falling due within one year	5	(5,970)		(6,254)
Net current assets (liabilities)			(5,962)		(6,038)
Total assets less current liabilities			(5,902)		(5,619)
Creditors amounts falling due after one year	6		(503,239)		(502,245)
Net assets			(509,141)		(507,864)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(510,141)		(508,864)
Shareholders' funds			(509,141)		(507,864)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 May 2026, and are signed on its behalf by:

KRIEGER, Paul Simon
Director
Registered Company No. 01703102

HARLEQUIN SPORTS LIMITED

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The director decided to cease trading from the previous periods, therefore, these financial statements have not been prepared on a going concern basis.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	33.33

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 June 24	1,078	1,078
At 31 May 25	1,078	1,078
Depreciation and impairment
At 01 June 24	659	659
Charge for year	359	359
At 31 May 25	1,018	1,018
Net book value
At 31 May 25	60	60
At 31 May 24	419	419

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	-	211
Total	-	211


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	-	211
Other creditors	5,250	5,250
Accrued liabilities and deferred income	720	793
Total	5,970	6,254


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	503,239	502,245
Total	503,239	502,245

7.	Events after reporting date
	The company will be dormant for the foreseeable period.

8.	Related party transactions
	At the balance sheet date other creditors included £503,238 (2024 - £502,245) owed to the director P S Krieger, which is an interest free loan repayable over one year.